Fact sheet: SKAGEN KonTiki

Fund information
Fund name
SKAGEN KonTiki A GBP
Fund manager company
SKAGEN
Fund type
No data available.
Fund managers
  • Cathrine Gethersince 01/02/2012
  • Knut Harald Nilssonsince 01/02/2012
  • Kristoffer Stensrudsince 01/09/1993
  • Hilde Jenssensince 01/09/2013
  • Erik Landgraffsince 01/06/2013
Fund objective
The fund’s objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of shares in companies that have operations in or focused on emerging markets.
Benchmark
  • MSCI Emerging Markets Index Daily Traded Net Total Return $ in NOK
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
38.1%
1 Year rank in sector
20/258
Sector
FO Equity - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2%
Fund size
£3,018m (£2,950m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
124
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq53.5%
Wells Fargo WW Emg Mkts Eq49.5%
Templeton BRIC49%
T. Rowe Price EmgMktsEq48.2%
JOHCM Emerging Markets45.6%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Korea22.5%
    Others13.9%
    India13.1%
    Brazil8.9%
    Turkey7.5%
  • Consumer Discretionary21.7%
    Financials17.6%
    Consumer Staples13.4%
    Industrials12.4%
    Information Technology11.5%
  • South Korean Equities22.5%
    International Equities13.9%
    Indian Equities13.1%
    Brazilian Equities8.9%
    Turkish Equities7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%14.2%23.2%38.1%11.7%33.5%
Sector1.8%10%13.5%16.1%-2%12.6%
Rank within sector149 / 26436 / 26426 / 26020 / 25861 / 20746 / 157
Quartile3rd1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund28%-11.5%-4%7.7%8.3%
Sector14.5%-14.3%-1.4%-0.7%14.2%
Rank within sector33 / 259106 / 243162 / 21828 / 192151 / 163
Quartile1st2nd3rd1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.32
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.03
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
15.97
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.07
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.37
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.74
Price movement
52 week high68.14
52 week low46.15
Current bid price-
Current offer price-
Current mid price67.22
Region
1Korea22.5%
2Others13.9%
3India13.1%
4Brazil8.9%
5Turkey7.5%
6Money Market6.1%
7China5.8%
8South Africa5.8%
9Sweden5.2%
Industry sector
1Consumer Discretionary21.7%
2Financials17.6%
3Consumer Staples13.4%
4Industrials12.4%
5Information Technology11.5%
6Telecommunications Utilities6.3%
7Health Care6.2%
8Money Market6.1%
9Materials3%
Asset type
1South Korean Equities22.5%
2International Equities13.9%
3Indian Equities13.1%
4Brazilian Equities8.9%
5Turkish Equities7.5%
6Money Market6.1%
7Chinese Equities5.8%
8South African Equities5.8%
9Swedish Equities5.2%
Individual holdings
1HYUNDAI MOTOR CO7.54%
2SAMSUNG ELECTRONICS CO7.5%
3MAHINDRA & MAHINDRA5.16%
4MAHINDRA & MAHINDRA5.16%
5HACI OMER SABANCI HLDGS A.S.4.44%
6NASPERS LTD4.28%
7RICHTER GEDEON NYRT4.28%
8X5 RETAIL GROUP N.V3.34%
9ABB LTD3.18%
Management
Fund manager group
SKAGEN
Fund manager company
SKAGEN
Fund type
No data available.
Fund objective
The fund’s objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of shares in companies that have operations in or focused on emerging markets.
Benchmark
  • MSCI Emerging Markets Index Daily Traded Net Total Return $ in NOK
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Cathrine Gether01/02/2012Catherine Gether joined SKAGEN in October 2009. Catherine is the portfolio manager of the equity fund SKAGEN Kon-Tiki. Catherine participates in the ongoing management of the funds and conducts global company research. Catherine was the portfolio manager at Millennium Capital Partners in London and Carlson Capital in London. She has also worked as Corporate Finance Analyst in Karl Johan Fonds in Oslo.She has done her Masters in Finance from London Business School and Bachelor in Business Administration from University of San Francisco.
Knut Harald Nilsson01/02/2012Knut Harald ,Nilsson joined SKAGEN in November 2006. He is the portfolio manager of the equity fund SKAGEN Kon-Tiki. He participates in the ongoing management of the funds and conducts global company research. He also worked as Senior Financial Analyst with Alfred Berg in London and Deutsche Bank in London. He has completed his MSc from the Copenhagen Business School.
Kristoffer Stensrud01/09/1993Kristoffer Stensrud co-founded SKAGEN Funds in 1993 and is currently portfolio manager of the SKAGEN Kon-Tiki fund which he launched in 2002. Kristoffer studied Financial Planning and Monetary Policy at the Copenhagen Business School and has experience from the financial services industry stretching back to the 1970s. He began his career as chief analyst at Borsinformation ApS in Copenhagen and later became portfolio manager with Borsinformation I.R. (UK). In 1985, he joined Stafonds as an analyst for four years and later joined Carnegie-Jensen in Copenhagen in 1990 as a chief analyst
Hilde Jenssen01/09/2013Ms. Hilde N. Jenssen serves as Portfolio Manager at Skagen AS and SKAGEN Funds - Skagen Kon-Tiki. Ms. Jenssen served as Partner and Portfolio Manager at SKYVIEW Investment Advisors LLC. She was also employed at Crédit Suisse First Boston, Inc. and The Goldman Sachs Group, Inc. She served as Analyst at Crédit Suisse AG, Research Division.
Erik Landgraff01/06/2013Erik Landgraff joined SKAGEN in August 2012. He is the portfolio manager in SKAGEN Kon-Tiki. He participates in SKAGENs value based investment philosophy and analysis of companies and industries .Erik has also worked as an associate in McKinsey & Company. He has completed his education in Bachelor of Arts in Government at Dartmouth College Hanover, USA.
Compliance
Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Denmark, Finland, United Kingdom, Ireland, Iceland, Luxembourg, Netherlands, Norway, Sweden
SKAGEN KonTiki A GBP
Initial charge-
Annual charge2%
Min single investment£25
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price67.2224
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAHX9
SKAGEN KonTiki B GBP
Initial charge-
Annual charge1.5%
Min single investment£25
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price67.9253
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK1SW
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